India’s foreign exchange reserves rose by USD 4.532 bn to...
Foreign currency assets, a major component of India's forex reserves, increased by almost USD 5 billion to USD 519.485 billion for the week ended April 28, according to the Weekly...
Tag: Reserve Bank of India
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Reliance General Insurance start accepting premiums in RBI’s e-Rupee
This new payment method is designed to be easy, safe, instant, and eco-friendly.
Indian Forex reserves rise by USD 1.657 Bn
The foreign currency assets, which include the effect of appreciation or depreciation of non-US units such as the euro, pound, and yen held in the forex reserves, have increased.
RBI prohibits banks from capitalizing penal charges
Under current guidelines, lending institutions have the autonomy to formulate a board-approved policy for the levy of penal rates of interest.
RBI cancels certificate of registration of 17 NBFCs
The RBI's action comes after a series of measures aimed at regulating the NBFC sector in India.
Banking sector has witnessed surge in fraudulent activities
RBI ED, Ajay Kumar Choudhary urged banks to focus on improving their fraud detection and prevention mechanisms by leveraging technology and implementing robust risk management practices.
MAG Finserv enters into Co-Lending Partnership with Central Bank of...
New Delhi: “MAG Finserv Company Limited,” a growing NBFC and “Central Bank of India” (Bank), has entered into the first of its strategic co-lending partnerships to offer gold loans under the...
Almost half of respondents chose FDs when needed money: study...
Bengaluru: Safety from market volatility is one of the key reasons for investors to book a fixed deposit (FD), according to a recent survey by investing platform Kuvera. Almost half...
